LLM International and Comparative Oil and Gas Law (Upstream)

The module explores rules relating to exploration for, development and production of oil and gas. The main focus of the module is placed on different types of legal regimes used in different countries such as concessions, production-sharing agreements, joint ventures, service and hybrid contracts. Other relevant issues such as dispute settlement in oil and gas industry, expropriation, renegotiation of contracts, international institutional (OPEC, IEA) and legal framework are also examined.

Outline of seminar topics:

Historical Background, Present State of International Petroleum Industry and Trends in International Petroleum Investment